INVESTOR INTEREST


Moneylife Digital Team 28 September 2010
The market is likely to open on a soft-to-flat note today on the back of negative cues from across the globe. Concerns about sustainable economic growth without additional stimulus made investors jittery after the recent gains in the markets, with Wall Street ending lower on Monday. Asian...

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Moneylife Digital Team 27 September 2010
ING Vysya Bank has just closed subscription to a portfolio management scheme that aims to provide handsome returns through equity exposure while protecting investors’ capital. The main gainer would be ING and the distributors who push it The stock markets are riding a wave of enthusiasm as the...

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Moneylife Digital Team 27 September 2010
The revenue growth and profitability of the company depend on successful implementation of its new project, as well as market acceptance of the products. It is not an inexpensive IPO offer due to the competitive market with a presence of large and well-established players Issue Details

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Moneylife Digital Team 27 September 2010
Adding to Friday's gains, the market opened strong on positive global cues. It touched the day's high in initial trade but pared some gains and gradually drifted lower - near the day's low - and settled off those levels at the end of the session, above the crucial levels. The domestic market...

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Moneylife Digital Team 27 September 2010
New Delhi: India has contracted to import a whopping 2 lakh tonnes of wheat — 27% more than in the entire 2009-10 — in the first half of the current fiscal but shipments are unlikely to take place soon as global prices are high, reports PTI quoting data from the Roller Four Millers Federation of...

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Moneylife Digital Team 27 September 2010
Allied Digital Services Ltd, an IT services and solutions company, said it has signed an agreement with Intel Capital under which Intel Capital will invest in warrants to purchase Allied Digital equity shares. No financial details were provided. The parties expect allotment of the warrants to...

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Moneylife Digital Team 27 September 2010
Realty firm Omaxe Ltd said its subsidiary won Rs70.4 crore infrastructure project from Greater Mohali Area Development Authority (GMADA) for highway and bridge construction. Omaxe Infrastructure & Construction Ltd (OICL), the unit of Omaxe got its first contract to construct highway and three...

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Moneylife Digital Team 27 September 2010
IT service provider Tata Consultancy Services (TCS) said it won a contract to establish and manage a state data centre (SDC) for the Karnataka government. No financial details were provided. TCS will assist the Karnataka government in establishing an efficient SDC. The new SDC would provide...

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Moneylife Digital Team 27 September 2010
KPIT Cummins Infosystems Ltd said its unit KPIT Cummins Infosystems will acquire US-based CPG Solutions for $13.2 million. On Monday, KPIT Cummins shares ended 0.7% down at Rs172 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.4% up at 20,117 points.

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Moneylife Digital Team 27 September 2010
DQ Entertainment (International) Ltd said it appointed Plus Licens AB, one of Sweden's licensing and merchandising agents, as its licensing representatives for 'The Jungle Book'. According to the agreement, Plus Licens will represent DQE on the commercial exploitation of all The Jungle Book...

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Moneylife Digital Team 27 September 2010
KSK Energy Ventures Ltd said it is setting up 540 MW Wardha Warora Power Plant, comprising four units of 135 MW each at Warora in Maharashtra. KSK Energy has commissioned and synchronised the Unit-1 of 135 MW. It has also completed the commissioning process for the synchronisation of the...

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Moneylife Digital Team 27 September 2010
New Delhi: India's vegetable oil imports are likely to increase to 93-95 lakh tonnes during the next oil year, ending October, 2011, reports PTI quoting an expert. "For the next oil year (November, 2010 to October, 2011), Indian vegetable oil imports will expand further to between 9.3 and 9.5...

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Moneylife Digital Team 27 September 2010
DSP BlackRock MF launches DSP BlackRock FMP-3M-Series 21; IDFC Mutual Fund unveils IDFC Fixed Maturity Plan-Monthly-Series 25; Reliance MF floats Reliance Fixed Horizon Fund-XVI-Series 1; Pranab Mukherjee launches LIC's 'Swavalamban' Pension scheme DSP BlackRock MF launches DSP BlackRock...

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Govt imposes anti-dumping duty on chemical from China 27 September 2010
New Delhi: The government has imposed anti-dumping duty of up to $0.671 per kg on imports of a chemical used in the manufacture of household cleaning products from China to protect the domestic industry, reports PTI. “The anti-dumping duty imposed... shall be effective up to and inclusive of...

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Moneylife Digital Team 27 September 2010
New Delhi: The Supreme Court today refused to offer any immediate relief to Vodafone, which has challenged the Bombay High Court order allowing the government to tax the company's $11 billion deal with Hutch, reports PTI. The tax department had raised a demand for Rs12,000 crore as tax on the...

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Moneylife Digital Team 25 September 2010
The market finished the week with modest gains, closing in the green for the fourth week in a row. The rally was attributed to buying by foreign institutional investors, who have pumped in Rs18,649 crore so far in the month of September 2010, and supportive global cues. Adding to the gains...

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Moneylife Digital Team 24 September 2010
Construction company Roman Tarmat Ltd said it won an order worth Rs33.8 crore from Saibaba Sansthan Trust for construction-related works. The company has received a Letter of Intent from the Trust for construction of flexible and rigid pavement for ring roads at Shridi in Maharashtra, the...

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Moneylife Digital Team 24 September 2010
Magma Fincorp Ltd, a retail asset finance company, said it will disburse Rs240 crore in retail loans in Tamil Nadu during 2010-11. Headquartered in Kolkata, the company already has a well spread out presence in Tamil Nadu with seven offices. Dhrubashish Bhattacharya, vice president, Magma...

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Moneylife Digital Team 24 September 2010
Wind turbine manufacturer, Suzlon Energy Ltd (SEL) said it has crossed 5,000 MW of cumulative installations in India, underlining the strong momentum in India's fast growing wind energy market. This cumulative power generation capacity has the potential to light up 4 million homes annually....

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Moneylife Digital Team 24 September 2010
Drug firm Aurobindo Pharma Ltd said it received final approvals from the US health regulator to sell multiple strengths of its generic ampicillin and sulbactam for injections. The company said, the US Food and Drug Administration (USFDA) has approved its three Abbreviated New Drug...

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